About

About KeyBanc Capital Markets The bond financing experts at KeyBanc Capital Markets (KBCM) understand the unique challenges of tax incentive finance programs and can deliver solutions for developers to fill a funding gap in their capital stack. By leveraging future tax incentive cash flows for up-front proceeds on a non-recourse basis, KBCM identifies and executes the most cost-effective bond financing solutions for development projects. Our public finance team has deep experience with bond financing for all project types, including mixed-use developments, retail centers, lifestyle centers, multifamily developments, industrial developments, and commercial office parks. Bonds can be used to finance general project costs, demolition, land acquisition, parking structures, sidewalks and streetscape, public amenities, roadwork, and water/sewer infrastructure. We structure long-term, fixed-rate bonds which are non-recourse to the Developer, pre- or post-construction. We have extensive experience across the country executing on Tax Increment Financing (TIF) bonds, Sales Tax and Revenue (STAR) bonds, and Special Assessment bonds, among many other forms of incentives. Common names for these incentives include tax allocation districts, business districts, community improvement districts, public infrastructure districts, special districts, new community authority charges, payments in lieu of taxes, tourism surcharges, economic activity taxes, and many others from state-to-state. KBCM experts take an analytical approach to identifying and evaluating TIF solutions that can steer your development to fruition. We offer counsel and lead the process throughout, from providing structuring expertise to identifying and educating investors during underwriting to pricing execution for the bond issuance. To hear more, head to key.com/tif/ and reach out to any member of our team.